CII Certificate in Insurance - Introduction to Risk Management (I11) Practice Test

The third level of effective Business Continuity Management (BCM) is recovery planning. This stage focuses on the steps necessary to restore operations after a disruption has occurred and to ensure that the organization can continue to function in a manner that minimizes loss and accelerates the return to normalcy.

Recovery planning involves creating detailed procedures and strategies that protect the organization during a disaster and facilitate a rapid return to business as usual. This includes preparing resources, assigning responsibilities, and establishing communication plans that are critical during the recovery phase. The effectiveness of recovery planning is key to maintaining the organization’s resilience and ensuring that it can resume critical operations with minimal downtime.

Crisis management and continuity planning, while important components of the overall BCM framework, occur at different stages. Crisis management generally involves the immediate response to a disruptive event, ensuring safety and addressing the crisis itself. Continuity planning, on the other hand, focuses on the processes and strategies in place to keep essential functions operating during a disruption. Risk assessment, while crucial to identifying and understanding potential threats, primarily functions at the beginning of the BCM process, informing decisions related to continuity and recovery planning.